Bolt Projects Holdings Inc (NASDAQ:BSLK) price on Wednesday, February 05, fall -11.14% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.29.
A look at the stock’s price movement, the close in the last trading session was $0.33, moving within a range at $0.285 and $0.468. The beta value (5-Year monthly) was -0.064. Turning to its 52-week performance, $17.02 and $0.23 were the 52-week high and 52-week low respectively. Overall, BSLK moved -35.87% over the past month.
Bolt Projects Holdings Inc’s market cap currently stands at around $9.54 million, with investors looking forward to this quarter’s earnings report slated for in March.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BSLK is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
BSLK’s current price about -13.07% and -26.04% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.09, while 7-day volatility ratio is 21.36% and 15.89% in the 30-day chart. Further, Bolt Projects Holdings Inc (BSLK) has a beta value of 0.41, and an average true range (ATR) of 0.06.
If we refocus on Bolt Projects Holdings Inc (NASDAQ:BSLK), historical trading data shows that trading volumes averaged 0.19 over the past 10 days and 2.12 million over the past 3 months. The company’s latest data on shares outstanding shows there are 32.34 million shares.
The 67.12% of Bolt Projects Holdings Inc’s shares are in the hands of company insiders while institutional holders own 16.25% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.42 million on 2025-01-15, giving us a short ratio of 0.15. Current price change has pushed the stock -38.80% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BSLK stock continues to rise going into the next quarter.
